Stock Market Updates

Stock Futures Rise as Dow Looks to Snap 7-Day Losing Streak

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U.S. stocks looked set to rise at the start of the final full trading week of 2024.

Futures tracking the Dow Jones Industrial Average rose 93 points, or 0.2%, signaling that the index could snap its seven-day losing streak. Contracts tied to the S&P 500 were also up 0.2%, while those on the Nasdaq 100 were up 0.4%.

Central banks will likely be the main story for markets this week. The Federal Reserve is widely expected to cut interest rates by another quarter point Wednesday, while the Bank of Japan and Bank of England will announce policy decisions of their own on Thursday.

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2024-12-16 08:39:00

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